Savant Capital LLC Grows Stock Holdings in Aptiv PLC $APTV

Savant Capital LLC lifted its stake in shares of Aptiv PLC (NYSE:APTV) by 513.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 25,500 shares of the auto parts company’s stock after purchasing an additional 21,343 shares during the quarter. Savant Capital LLC’s holdings in Aptiv were worth $1,740,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Zions Bancorporation National Association UT acquired a new position in Aptiv during the first quarter worth $26,000. 1248 Management LLC acquired a new stake in shares of Aptiv in the 1st quarter worth $28,000. Geneos Wealth Management Inc. raised its holdings in shares of Aptiv by 452.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 398 shares during the period. Eastern Bank acquired a new position in shares of Aptiv during the 1st quarter valued at about $39,000. Finally, Cromwell Holdings LLC grew its holdings in shares of Aptiv by 4,035.7% in the second quarter. Cromwell Holdings LLC now owns 579 shares of the auto parts company’s stock valued at $39,000 after purchasing an additional 565 shares during the period. Institutional investors and hedge funds own 94.21% of the company’s stock.

Aptiv Stock Down 1.2%

Shares of NYSE APTV opened at $81.61 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.79 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $83.86 and its two-hundred day moving average is $74.09. Aptiv PLC has a 52-week low of $47.19 and a 52-week high of $88.80. The firm has a market cap of $17.63 billion, a price-to-earnings ratio of 64.77, a PEG ratio of 0.84 and a beta of 1.58.

Aptiv (NYSE:APTV) last issued its quarterly earnings data on Thursday, October 30th. The auto parts company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.36. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.05 billion. Aptiv had a return on equity of 18.51% and a net margin of 1.46%.The company’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.83 earnings per share. Aptiv has set its FY 2025 guidance at 7.550-7.850 EPS. Q4 2025 guidance at 1.600-1.900 EPS. Research analysts predict that Aptiv PLC will post 7.2 EPS for the current year.

Insiders Place Their Bets

In other Aptiv news, CAO Allan J. Brazier sold 1,000 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the sale, the chief accounting officer directly owned 49,820 shares in the company, valued at $4,234,700. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.45% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Piper Sandler boosted their target price on shares of Aptiv from $72.00 to $87.00 and gave the company a “neutral” rating in a report on Friday, October 31st. BNP Paribas Exane lifted their price target on shares of Aptiv from $83.00 to $100.00 in a research report on Wednesday, October 29th. Wells Fargo & Company lowered their price objective on Aptiv from $106.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Morgan Stanley raised their target price on Aptiv from $55.00 to $60.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 12th. Finally, Royal Bank Of Canada upped their price target on Aptiv from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Aptiv has an average rating of “Moderate Buy” and a consensus price target of $94.79.

About Aptiv

Aptiv PLC engages in design, manufacture, and sale of vehicle components in North America, Europe, Middle East, Africa, the Asia Pacific, South America, and internationally. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates through two segments, Signal and Power Solutions, and Advanced Safety and User Experience.